If anyone who cannot afford - the first priority is getting a Life Insurance, then goes to PA, Hospital insurance and critical insurance.
There isn't a real order of importance, but rather the order of relevance to each person. Because like me I am a sole proprietor, medical insurance appears to be the most immediate for me.
I can say clothes is pretty important to me in my career because I meet with people everyday. But for a software developer or an architect, it's not really that important.

by having all these 4 type of insurances. That means I already have 1 complete set insurance already right?
Yes, that pretty much covers all areas of a personal insurance portfolio.

Just want to find out, will it be safe if I show him my policy?
250 monthly... chances are it is an ILP plan.
Your insurance policy is part of your finances, like a bank account.
I wouldn't show my bank account to people that I don't know well enough. Heck I don't even show my siblings my bank account!
With that said, he can't do any changes to your policy unless you authorize it by signing on some forms.
Don't let him take it back overnight, or even keep it for a few hours. Only browse through in front of you. No pictures.

Because he claimed usually an agent will propose 80% for savings/investment and only 20% life insurance/medical card and etc.. Mainly due to agents income usually comes from saving and investment plan. That why, it is important to show him the policy that I have. He will help me determine this insurance/saving/investment is good for me or not.
A lot of seasoned agents with mature clients, a big chunk of their income comes from selling saving plans, endowment plans, etc. Those are separate policies altogether, and those are big tickets. If it doesn't make sense to them, they wouldn't buy either.
In fact, I don't mind telling you that in ILP, here's how the average agent's commission works:
From Life & the riders = 20% (only for 6 years and depreciating every year)
From Savings = 3% (perpetual, every year so long as you pay the premiums)
All of our main concerns are just the life and the riders to cater for our coverage. The savings part... I think forumers around here can tell you to save somewhere else so I'll save my words and save you some time to read redundant statements.
That shows your friend's credibility to tell you what's best for you I guess...

Btw he is not an insurance agent.
I don't know about you, but I usually go to the doctor when I am sick, and bring my car to the mechanic when it is broken. I also bring my computer to a technician, and go to the police to report a crime. The only reason I would do that is because they are in the industry, that's what they do, they are relevant to the subject matter, and they are the experts.
Would you come to an insurance agent like myself to ask my opinion on the best computer graphic card system compatibility, or which synthetic oil to use on your car? Chances are that I will give you my best smile, tell you I don't know and refer you to someone relevant, and that's exactly what I would do.

New car, usually it's comprehensive cover.

Unless you only take third party or third party fire & theft, and exclude windscreen... premium cheaper lo.
Third party - cover your victim's damages only. Your own car damages have to come from your own pocket cuz you paid the premium for comprehensive cover into your own pocket ma.

But windscreen... why don't insure? senang pecah lah.

Compare the old toyota insurance statement and the old proton insurance statement and yours. put them side by side you'll see the difference in sum insured, items that are covered/not covered.
That's the right way to compare

Thank for the info.
Now i understand. So every car insurance around same.
Better i keep this premium until 5years so premium will deducted.
Just very surprise my car insurance installment by PB but insurance company is Liberty which i though normally PB is Lonpac

Is better to get comprehensive cover now since your car is only 2 years.

The main point is to get the coverage, not pay less premium cuz frankly, it's not much of a difference.
By saving a few hundred ringgit you are exposing yourself to potentially much higher liabilities should an accident happen. I mean... Axia doesn't have the best brakes

Learn how to survive at the young age are still better than becoming a spoil brat that do nothing good

That if is you are lucky, actual are about 0.5-1%
Agree with you that rm200 own self safe or use will give better benefit.

Eh u still exist? When la u gonna report to BNM? Cant hardly wait 😊

That means the car insurance i taking now not very good with that price?

Frankly I won't be able to tell because I don't know what is your coverage atm.

As of now, the tariff is still imposed, what you pay for is exactly what you would get anywhere else.

My point is this: your car is still new. Why don't you take the comprehensive coverage?

To illustrate:
comprehensive cover
- in an accident, you knocked someone from behind. Both cars damaged.
Your victim can claim his damage from your third party cover, while you can claim your own car's damage from your own policy.

Third party
- in an accident, you knocked someone from behind. Both cars damaged.
Your victim can claim his damage from your third party cover, while you pay for your own costs to repair.

Other things to look out for:
Windscreen and it's sum insured,
flood
fire & theft
roadside assistance, ...etc.

Consider these two hypothetical plans:
A - protection only, monthly premium RM100
B - protection + savings, monthly premium RM200

Now, for plan B, if you calculate savings return based on RM200 monthly premium, the number is going to be mediocre. But I don't think this is a fair calculation.
If, OTOH, if you calculate savings returns based on RM100, the number should be better than FD rate, though probably not as good as you would get from a typical equity trust fund.

I like the way you break it down. But again, I would like to point out (I am an insurance agent):

Insurance should never be thought of as an investment; vice versa, investments will never give you living benefits, or guarantee you a sum of money upon death.
These are products that come with different features to serve different objectives... for the same person.

Ever heard of a quote that says "If you have no destination in mind, every road takes you there."
With that said, insurance products will take you somewhere. investment products will take you places too.

But in the case where you know exactly where you want to be (wongmunkeong appears to be among this group ), all of a sudden the different insurance products becomes so interesting, and the investment products become very attractive too! Because you have a purpose in mind to have those products perform their roles well.

I know ILP throws a lot of people off with the term "investment-linked". It's really a means to an end. The returns cannot be calculated like how we calculate ROI on UT, due to the fact that there is an ever-growing COI to pay for.

It's the cost of insuring yourself. It's your contribution into the pool of funds that is also insuring everyone else, your neighbors, your friends, your colleagues, your fellow countrymen. In some countries, this comes in the form of taxes. Like it or not, you're paying for something you didn't sign up for, but you're getting it anyway.
Or would you prefer some form of control over your finances?
Maybe I want to leave behind a bit more for my spouse and kids, for my family members, maybe I don't want them to worry about being short-changed by my partners in my share of the company. Who knows? We each have our own reasons to buy a life insurance, just like how we also have our own reasons not to buy life insurance.

Frankly, majority of my customers just want to be rich. How rich is rich? Hardly ever thought about it.
The process of buying life insurance is not just going into a shop, buy a product, and leave.
You never really leave do you? Someone has to manage it for you, call you up once in a while for a review, discuss about it, etc. Agents like me need to do these things because frankly, you're better at running your business.
Do you just stop using your bank accounts one day? It becomes part of your finances. It is a tool to safeguard our money. Your bank accounts grow along with you, and so do your life stages, your objectives, and people and things that you care for.

When I was younger, I wanted to marry my girlfriend. I want a house for ourselves too. I start planning for it, I start saving for it.

When my kid was younger, I want her to have a decent education. I start planning for it, I start saving for it.

Is there a chance that my wife and kid will outlive me? Absolutely. Just a matter of sooner or later. I start saving for it, I start planning for it.

How about my investments? I want my money to be compounding at a steady rate, for reasons such as child's education, preserving my options, keeping my options open for the future, maybe the possibility of retiring sooner or starting a business? I start planning for it, I start saving for it.

I had a good chat with a high school mate last night. When guys get together, complaint about life, complaint about gov lah. Beer is so expensive, cigarettes naik harga, all these fat cats raking in the taxes, the APs, etc.
But if we just don't drink, don't buy cars, just for the sake of protesting against the system, we will lead very unhappy lives. I still love my beer, I still want a nice new car.

Agents like me get paid a commission. But should this be the sole reason preventing you from accessing the products with the better outlook that fits your portfolio well, wouldn't that be excessive on yourself?

For saving plan, its return (ROI net, not about RM100 or RM200, but a net to net comparison) generally won't differ too much with FD rate.

For ILP that invested in UT, return is not guaranteed, subjected to particular chosen UT performance.
It can make a loss instead of gain or make decent gain, the money is investing in UT.

The cash value in the investment link should never be treated as saving only.

In my opinion, one of the most important feature as cash value is to make sure your policy is still inforce shall we forgot the payment and hedge for the future insurance chargers. As a staff of Great Eastern, I've seen enough of oldies came to bang table at Great Eastern HQ because they have accidentally missed out one of the payment, their policy lapse and they couldn't reinstate it due to their current health condition or their age, it's not something can be bought by money.

Sorry for late reply, out of country. Still out now.

Life cover, ci cover, those are just names. Life cover is just the normal term life, maximum sum assured 500k. If accidental death, then sun assured payable is double the amount. ci cover is optional, I think it's not really useful. Basically ci cover gives advances of 25% of the original sum assured if you get diagnosed by one of the 5 critical illness.

Example: sum assured 100k. Kena heart attack. Get 25k. Balance 75k payable upon death.

The online purchase of any product and insurance is not any different. The thing is that even if you buy online or through agent, your family members will have to be the one to inform the insurance company. Insurance company dont automatically give you the money. Mh370 and mh17 should be the acception.

Uforlife is kinda like your agent/platform. The actual insurance company underwriting is tokio marine life. Now rmb insurance industry is heavily regulated by bank negara. You do have a official complaint channel.

Might I point out everything comes at a price. You can buy through an agent, but it will cost more. Because you do need to pay commission.

I'm not an insurance agent. Yes, uforlife is new, but it is stated on the website some background of the main owner of the company.

Buy wrong clothes at zalora, there's free return. Buy insurance policy, you have free-look period which means full refund in 15 day if you decide to cancel.

Another way of looking is, you can still buy the wrong clothes/shoes/insurance even in the normal way. So, why so fixated on buying it wrongly when it comes to online?

Agents can still recommend the wrong combination or amount to customers.

You can't blame the skepticism on online purchase, as whenever something goes wrong, they don't know who to find or refer to.

While buying from branches, agency office, they straight away know they refer to the branches or offices.

Online purchase on goods or services still long way to go to convince consumer especially locally whereby consumer may not being protected enough in term of online scam job.

Eg.
ABC website, that selling an insurance, how he/she knows he/she is logging into a legitimate website?
and the premium paid is actually going into the undertaking insurance company?

Even for we have case that agent "eat" up the client premium payment, and money never goes to insurance company.

Is there coverage for floods or things falling off the construction of the lrt structures?

Of course there is. It's called Life Insurance and Personal Accident.

For your car there is too!
It's called flood cover and aerial damage benefits.

When I took up my insurance, I was still in school and didn't smoke.
But now I smoke. Should I declare it to my insurance ?

And would it impact ?

e.g. Higher insurance fee in the future?

Yes you should declare to them.